NYSE$RVLV

Revolve Group Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported exceptional results in Q3 2024 with double-digit top-line growth and significant expansion of net income.

Revolve Group announced strong Q3 2024 financial results, featuring a 10% increase in net sales, a 238% surge in net income, and an 85% growth in Adjusted EBITDA. The company highlighted improved efficiency in logistics costs, return rates, and marketing as key drivers of increased profitability.

  • Net sales increased by 10% year-over-year, reaching $283.1 million.
  • Net income saw a significant increase, growing by 238% to $10.8 million.
  • Adjusted EBITDA grew by 85% year-over-year, amounting to $17.5 million.
  • Active customers increased by 5% year-over-year, totaling 2,628,000.

Headline financials

Total Revenue

$283M

Previous: $258M+9.9%
EPS

$0.15

Previous: $0.04+275.0%
Gross Margin

51.2%

Previous: 51.7%-1.0%
Active Customers

2.6M

Previous: 2.5K+104601.2%
Total Orders Placed

2.2M

Previous: 2.1K+103041.1%
Average Order Value

$303.00

Previous: $299.00+1.3%
Adjusted EBITDA

$17.5M

No prior period
Capital Expenditures

-$3.82M

Previous: -$3.11M-22.6%
Free Cash Flow

$7.15M

Previous: $64K+11075.0%
Net Income

$11M

Previous: $3.18M+245.2%
Operating Income

$14.3M

Previous: $324K+4299.1%
Gross Profit

$145M

Previous: $133M+8.7%
Cash & Equivalents

$253M

Previous: $267M-5.3%
Total Assets

$671M

Previous: $629M+6.6%
Stock-Based Comp

$2.1M

Previous: $1.23M+70.8%

Revenue & EPS history

Revolve · Revenue · Quarterly

$283M

Q3 2024+9.9%vs Q3 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Revolve · $218M total across 1 segment · Q3 2023

  • REVOLVE Segment
    $218M-2.0%

Forward guidance

Based on information available as of November 5, 2024, Revolve Group provided guidance for the full year and fourth quarter ending December 31, 2024. The guidance includes expectations for gross margin, fulfillment expenses, selling and distribution expenses, marketing expenses, general and administrative expenses, and the effective tax rate.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.5%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-4.7%

Avg return

30 days after

38%

12 / 32 earnings

Positive

+31.7%

Q3 2024

Best reaction

-19.3%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-11.0%-17.6%
Q4 2025-5.4%-7.0%-15.4%
Q3 2025+12.2%+10.9%+30.0%
Q1 2025-9.6%+4.5%+17.6%
Q4 2024-5.0%-11.7%-21.4%
Q3 2024+31.7%+24.5%+43.1%
Q2 2024+30.8%+26.2%+21.2%
Q1 2024+4.6%+2.9%-13.5%
Q4 2023+25.8%+33.9%+24.7%
Q3 2023-2.9%-3.1%+5.9%
Q2 2023-7.5%-6.7%-21.3%
Q1 2023-7.8%-8.1%-17.6%
Q4 2022+1.1%+6.3%-1.2%
Q3 2022-3.4%-11.3%+20.5%
Q2 2022-8.2%+2.7%-19.1%
Q1 2022-16.0%-25.0%-29.6%
Q4 2021-1.6%-9.7%+3.4%
Q3 2021+6.2%+12.5%-9.0%
Q2 2021-17.4%-11.1%-17.8%
Q1 2021+9.8%-5.3%+6.7%
Q4 2020+8.3%+25.8%+20.4%
Q3 2020-3.8%-4.5%+10.2%
Q2 2020+27.6%+17.2%-4.8%
Q1 2019-8.4%-6.9%+3.2%
Q1 2020+3.0%-6.8%+4.3%
Q4 2017-19.3%-18.4%-57.0%
Q4 2019-11.0%-13.6%-51.3%
Q3 2019-16.9%-21.1%-14.9%
Q3 2018-16.9%-21.1%-14.9%
Q4 2018-1.4%-9.3%-4.1%
Q2 2018-1.4%-9.3%-4.1%
Q2 2019-12.9%-14.1%-25.9%
Q1 2018
Q3 2017
Q2 2017
Q1 2017

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro